PBGC issues final rule on disclosure to participants

Article Abstract:

ERISA s. 4011, requiring disclosure of a plan's funding status and benefit guarantee limits to participants, has a new notice requirement under an amended Pension Benefit Guaranty Corporation final regulation that limits the amount of additional information to be included. The proposed model notice contains guidelines requiring information on underfunding, waivers, missed contributions and related items to be provided by administrators.

United States

---

PBGC issues guidance for single-employer plans

Article Abstract:

The Pension Benefit Guaranty Corp (PBGC) has issued final regulations on the termination of single-employer pension plans replacing those made obsolete by the Single-Employer Pension Plan Amendments Act of 1986 and the 1987 Pension Protection Act. The rules make some changes on time limits and clarify the PBGC's view of conversions. The PBGC can also suspend a termination proceedings at any time before completion.

---

Similar abstracts:

• Abstracts: Gay law no longer closeted; family issues face courts and lawmakers. Discipline cases steady for now; but change is in offing
• Abstracts: Old laws shape kidnap case; spousal immunity at issue. New scrutiny for DNA testing; confusion on statistics? Did they take a leaf from Scott Turow?
• Abstracts: Programmed premium payments provide preferred payoffs. New guidelines for vanishing premium disclosure: what underlies the suggested wording
• Abstracts: Recent changes in the tax laws affecting multinational corporations in certain trading partners of the United States
• Abstracts: Selected recent developments in EEO law: the Civil Rights Act of 1991, sexual harassment, and the emerging role of ADR

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.